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This is good news. Expect more good news in early 2019. Wishbone Gold (WSBN) has announced that it has issued another 207,297,514 new ordinary shares to Sanderson Capital allowing the lender to convert 63% of its outstanding loans: £258,500 out of £407,141. The conversion price is based on the 30 day MA and is 0.1247p and Sanderson has agreed it will not sell any shares without permission, which we hope will not be given for some time...
Tom Winnifrith wrote before Christmas: I am just livid, But you make bad trading decisions when livid so I am not selling my shares in Wishbone Gold (WSBN) but am doubling down on my torture by going to spend two days with my mother in law in the grim Northern welfare safari.
Two caveats. Firstly, the analyst producing this note is Dr Michael Green who as PR man to the fraud Sefton (SER) earned a fat wedge protecting that fraud by, inter alia, masterminding a dirty tricks campaign against myself and Dan Levi. He is a motherfucker with no place in financial services and he should be cold shouldered by anyone with any sense of morality. Secondly, Align is a paid for research provider. Notwithstanding that I reckon Wishbone Gold (WSBN) shares, which we own and bought more of at 0.1p, are very cheap. So here is the Align research. The morally bankrupt Green who Align should fire on principle, opines:
Tom Winnifrith writes: This has been a bad tip. We apologise. We owned the shares too and share that pain. But with the stock now at 0.1p-0.12p the shares are a STRONG BUY, average down. Let me explain.
Wishbone Gold (WSBN) has announced 2017 calendar year results showing a loss of $0.91 million – though that reduced from 2016 on sales nearly doubled to $8.2 million and “as we look ahead, we see opportunities for 2018 in all our areas of operation”…
I own shares in Wishbone Gold (WSBN) in my pension and so does FIML. So, for that matter, does my son Joshua. I think that in the end we will all make money and a lot of it but so far it has been "bumpy." Here to explain why the future is golden is founder and chairman Richard Poulden.
Wishbone Gold (WSBN) has announced a first delivery from a new Thai entity it’s setup and that “once the trading model is running smoothly Wishbone Gold will engage with the Thai authorities to roll out the artisanal model”…
Wishbone Gold (WSBN) has appointed 47 year old war and foreign affairs journalist Oliver Poole as a consultant. The reason:
You may remember that the hand of God (i.e. hurricanes) derailed the artisanal gold mines in Honduras which were set to supply gold to the Black Sands gold trading operation of Wishbone Gold (WSBN). We now have an update.
Declaration One: This has not been a cracking tip so far. Declaration two: this is the second time we have tipped it and the first time we banked big gains. We will again. Declaration three: both FIML and my one year old son Joshua and also my pension own a stack of shares. We will not be selling until they have almost doubled from here and we all got in much lower. A recent trading update was a bit of a curate’s egg but on balance, not that the share price reflects this, it is good news from Wishbone Gold (WSBN). The key point is that its gold trading operation Black Sand FZE is now receiving full volume shipments from its new supplier in Mali.
Okay the researcher is paid so is not impartial, but Align shows it believes by using its fees to buy shares which it holds. So as paid for researchers go it is more credible than most. It has initiated coverage of Wishbone Gold (WSBN). We see these shares as a buy at up to 0.85p with a 1.3p target to sell. Align is more bullish. It notes, in precis,
Wishbone Gold (WSBN) has announced results for the first half of 2017, including an update on the initial funding-and-supply roll-out in Honduras and that “discussions are currently underway with two African nations to set up similar programs”…
Wishbone Gold (WSBN) has announced an £800,000 fund raise at 0.7p. Well we wish it was that simple. The mechanism is really very complicated but involves Yorkville so we imagine that there are people out there saying Death Spiral. They are wrong.
Wishbone Gold (WSBN), the precious metals trading and exploration company, announces its final results for the year ended 31 December 2016. The numbers are pretty academic just look for 7 key words in the statement from chairman Richard Poulden.
It was a cracking tip last time around. We never sold the shares we held in Wishbone Gold (WSBN) as we have always had faith in the long term story. But our website is not about long term gains - although they are not a bad thing! It is about short term gains and we reckon that Wishbone Gold will deliver those in spades. The trade is to buy at up to 0.9p with a target to sell of at least 1.3p within months - when this article first appeared on HotStockRockets the shares were 0.7p offer. Our readers are already in the money but the shares are still buyable!.
In this video from the storming success that was the 2017 UK Investor Show, Richard Poulden, CEO of Wishbone Gold (WSBN), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Okay this is a Proactive Interview so it is not exactly probing. The slippery little twit asking the questions is no Paxman. But we own shed loads of Wishbone Gold shares (WSBN) so, as Richard Poulden gives a very upbeat explanation of where the company is heading, we are happy to give it the oxygen of publicity. Enjoy.
AIM-listed gold trading play Wishbone (WSBN) has announced the signing of a joint venture deal SION Honduras which will provide funding and expertise to existing small gold mines in Honduras so as to assist with the increase in production. The good news for Wishbone is that the deal involves all the output from those mines being supplied to Wishbone – at preferential prices – in a deal which runs for 30 years.
You want your share tip of the year to have the potential to double or treble. You will not get that with GlaxoSmithKline (GSK). Equally it is incredibly unlikely that you might lose 75% of your cash on Glaxo. Elephants do not gallop eith forwards or backwards. My third tip of the year is a stock that could lose 75% and become a cash shell. But it is also one that could easily treble and I think he odds are on the treble not the collapse. I refer to Wishbone Gold (WSBN)
Just when Wishbone (WSBN) shares were getting going again after the last placing conducted by Belfort Securities to their spiv share flipping bucket shop mates, here we go again. Boy my morning has started well: not only do I have to suffer more laziness and abusive emails from my lazy, greedy bitch of a selfish bitch of an ex wife but this as well. I want to go back to bed.
My last comment on Wishbone Gold (WSBN) was not exactly positive. The company's shares had raced ahead, in part methinks, down to comments made by me saying I'd not be selling until the shares were closer to 2p than 1p. It then raised £600,000 at just 0.75p with broker Beaufort Securites trousering not just commission but warrants. I write a fairly vicious piece HERE. But we did not sell and at 1p are still holding and hoping for better. I swapped emails with chairman Richard Poulden last week.
I apologise to one and all over Wishbone Gold (WSBN) which has today completed a £600,000 placing at just 0.75p with broker Belfort Securities handing out shares to spiv bucket shop flippers. This was not on the script and I cannot recommend a purchase of the shares at 1.15p-1.2p. That the shares are up a tad today but fell in the run up to his placing tells you everything you need to know about forward selling on the AIM casino, especially when the broker is Belfort.
We are almost 200% ahead on our investment in Wishbone Gold (WSBN) with the shares at 0.815p and I must admit that in recent weeks, I have, several times, thought about banking a few gains. But then came Thursday's statement from the company and I did the maths again - am I mad? This stock could still be extraordinarily cheap. Hear me out before you send for the men in flapping white coats.
Why on earth it took Wishbone Gold (WSBN), the owner of the Black Sand gold trading business, two working days with a weekend in between to release an AGM statement is beyond me. Amid the uncertainty that caused we loyal shareholders suffered as the shares slid. But better late than never we had an RNS yesterday and it was good news indeed.
For what it is worth Wishbone Gold (WSBN) reported a loss of $1.12 million for calendar 2015 but that is all in the past. Perhaps the most noteworthy element of the historic numbers is the fact that the auditors cannot verify almost $100,000 of travel expenses and flag this up.
Shares in Wishbone Gold (WSBN), which is still not doing a placing as a certain ex bank robber insists but instead is raising debt but not for PLC costs, have slipped to 0.475p prompting a couple of readers to ask if Richard Poulden said something bad at the Mining Capital Conference yesterday?
Notwithstanding the lies put about by a former bank robber regarding Wishbone Gold (WSBN), its shares have raced ahead in recent weeks and, as a happy holder, I see more upside. Watch the presentation from the show (something a certain ex bank robber did not do) and you will see why.
Wishbone Gold (WSBN) shares raced ahead on Friday and it was thus forced to issue the statement below:
We guess everyone is hearing the same sort of gossip. The word on the street is that Wishbone Gold (WSBN) is making good progress on securing the debt facilities needed to start trading in gold bullion. and that should lead to a massive ramp up in profits very quickly indeed. As such any RNS confirming debt is in place will see the shares race ahead. Bring it on.
"Oh no" you say, "not that old dog again". Yes it is that old dog with a Wishbone (WSBN) but everything changed two weeks ago with a quite transformational deal. The market has not twigged just how transformational this deal is. The shares are a buy at 0.31p with a (cautious) target price to sell of 0.6p.
Richard Poulden, the barrister and entrepreneur who built potash play Sirius Minerals by acquisitions around the world into a company with a stock market value of more than £200 million, confesses to one particular enthusiasm: gold. He argues the stage is set for a major increase in the price of bullion, largely attributable to the machinations of the People’s Republic of China, and, as executive chairman and key shareholder of AIM-quoted Wishbone Gold (WSBN), he is seeking to grasp opportunities among newly producing or soon to be producing gold projects.
Our pals at Mining Maven have another free event in the City of London on 26th June. Not only do you get free booze and food but there are presentations by two good friends of mine, Kerim Sener of Ariana Resources (AAU) and Richard Poulden, the uber-libertarian CEO of Wishbone Gold (WSBN). I had a drink or seventeen with the leader of the free Libertarian resistance earlier this week and thinks look interesting at Wishbone. There is also a decent looking bird, Jan Skoyles speaking on macro themes.
Direct from the Queen Elizabeth Conference Centre a video featuring a UK Investor Show 2014 presentation by Clive Hyman of Wishbone Gold (WSBN)
We do not really do tips of the year at HotStockRockets since our timeframe is three months. We thus offer three selections today with the caveat that we expect to tell our readers on HotStockRockets to bank gains well before the start of spring. The first tip for today is Wishbone Gold (WSBN) at 3p (offer) – already 20% up on our original tip of a few weeks ago but, we think, set to fly.
The Opportunity: Small gold exploration stocks are loathed and reviled. For good reason.
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